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please help! Use the following information for the Exercises 3-7 below. (Algo) [The following information applies to the questions displayed below) Laker Company reported the
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Use the following information for the Exercises 3-7 below. (Algo) [The following information applies to the questions displayed below) Laker Company reported the following January purchases and sales data for its only product. The Company uses a periodic inventory system For specific identification, ending inventory consists of 230 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 45 are from beginning inventory Units sold at Retail Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals Units Acquired at Cost 155 units @ $6.00 - $ 930 75 units @ $5.00 - 375 85 units $15.00 95 units $15.00 180 units @ $4.50 410 units 810 $2,115 180 units xercise 5-5A (Algo) Perpetual: Inventory costing LO P3 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification Determine the cost assigned to ending inventory and to cost of goods sold using weighted average, Determine the cost assigned to ending Inventory and to cost of goods sold using FIFO. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. 60F Rain com Chapter 05 Homework Help Save A Exit sut Check my w 5 CLICURICU O LUCU SUSHI WO Required information Complete this question by entering your answers in the tabs below. fool Specific Id Weighted Average FIFO LIFO Print Perences Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. fpecific Identification Available for Sale Cost of Goods Sold Purchase Date Ending Inventory Cost Per Unit Ending Inventory Cost Activity of units sold Cost Per Unit Ending Inventory Units COGS an 1 an 20 an 30 Beginning inventory Purchase Purchase 8 of units Cost Per Unit 155s 6.00 75 5 5,00 180s 45011 410 130 5 70 5 6.00 $ 5.00 780 350 200 51,130 0 $ 0 Weighted Average > aw @O 60F Rain com... A Use the following information for the Exercises 3-7 below. (Algo) [The following information applies to the questions displayed below) Laker Company reported the following January purchases and sales data for its only product. The Company uses a periodic inventory system For specific identification, ending inventory consists of 230 units, where 180 are from the January 30 purchase, 5 are from the January 20 purchase, and 45 are from beginning inventory Units sold at Retail Date Activities Jan. 1 Beginning inventory Jan. 10 Sales Jan. 20 Purchase Jan. 25 Sales Jan. 30 Purchase Totals Units Acquired at Cost 155 units @ $6.00 - $ 930 75 units @ $5.00 - 375 85 units $15.00 95 units $15.00 180 units @ $4.50 410 units 810 $2,115 180 units xercise 5-5A (Algo) Perpetual: Inventory costing LO P3 Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification Determine the cost assigned to ending inventory and to cost of goods sold using weighted average, Determine the cost assigned to ending Inventory and to cost of goods sold using FIFO. Determine the cost assigned to ending inventory and to cost of goods sold using LIFO. 60F Rain com Chapter 05 Homework Help Save A Exit sut Check my w 5 CLICURICU O LUCU SUSHI WO Required information Complete this question by entering your answers in the tabs below. fool Specific Id Weighted Average FIFO LIFO Print Perences Complete the table to determine the cost assigned to ending inventory and cost of goods sold using specific identification. fpecific Identification Available for Sale Cost of Goods Sold Purchase Date Ending Inventory Cost Per Unit Ending Inventory Cost Activity of units sold Cost Per Unit Ending Inventory Units COGS an 1 an 20 an 30 Beginning inventory Purchase Purchase 8 of units Cost Per Unit 155s 6.00 75 5 5,00 180s 45011 410 130 5 70 5 6.00 $ 5.00 780 350 200 51,130 0 $ 0 Weighted Average > aw @O 60F Rain com... A Step by Step Solution
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